李志明案，一审开庭！

Core Viewpoint - The trial of Li Zhiming, former Party Secretary and Chairman of Guizhou Bank, for bribery and illegal loan issuance has commenced, highlighting significant governance issues within the bank [2][5]. Group 1: Legal Proceedings - Li Zhiming is accused of accepting bribes totaling over RMB 43.1 million and illegally facilitating loans amounting to over RMB 304.62 million from 2018 to 2020, despite knowing the companies did not meet loan conditions [5]. - The court proceedings included evidence presentation by the prosecution and statements from both the defense and the accused, with the court announcing a recess for a future verdict [5]. Group 2: Background of Li Zhiming - Li Zhiming has a long career in banking, having served in various roles including Assistant President and Vice President at Hubei Bank before joining Guizhou Bank in December 2017 [6]. - Under his leadership, Guizhou Bank went public on the Hong Kong Stock Exchange in 2019, but he resigned from his positions in January 2021 due to government work arrangements [6]. Group 3: Recent Developments in Guizhou Bank - The Central Commission for Discipline Inspection reported that Li Zhiming was expelled from the Party in September 2024, with his case being transferred to the judiciary for prosecution [6]. - Guizhou Bank has faced additional scrutiny with the recent dismissal of its former Deputy Party Secretary and President, Xu An, for similar misconduct involving the misuse of power for personal gain [6]. Group 4: Company Profile - Guizhou Bank, established on October 11, 2012, is a major state-owned enterprise in Guizhou Province, ranking 46th in the 2023 China Banking Association's list of the top 100 banks [7]. - Recent personnel changes at Guizhou Bank have raised market concerns, including the resignation of three proposed directors due to delays in regulatory approval [7]. Group 5: Market Performance - As of June 25, Guizhou Bank's stock price was reported at HKD 1.11 per share, with a total market capitalization of HKD 16.193 billion [8].